City New York Financial News

01.12 / 03:13

FIVE Williams Centre New York Fed opens innovation centre

It will focus on five areas: supervisory and regulatory technology; financial markets infrastructures; future of money; open finance; and climate risk.The centre is being helmed by Per von Zelowitz, a fintech veteran who joined the New York Fed in July to lead the effort.

30.11 / 01:21

business Federal Reserve Support BIS Innovation Hub partners with Fed to support analysis of digital assets

The Federal Reserve Bank of New York has announced it will be partnering with the Bank for International Settlements Innovation Hub as part of the launch of its New York Innovation Center, an initiative aimed at exploring technology used to develop the global financial system.

26.11 / 13:27

IPO SoftBank Bitcoin China regulators ask DiDi Global to delist from New York Stock Exchange

China’s regulatory stance has been getting more stringent, post the blanket ban on cryptocurrency. The Chinese government had initially unveiled a five-year plan outlining tighter regulation of much of its economy.

17.11 / 02:47

business Sport Bitcoin NYDIG partners with Houston Rockets basketball franchise, plans to pay team in BTC

The New York Digital Investment Group will be paying the National Basketball Association’s Houston Rockets franchise in Bitcoin as part of a partnership aimed at promoting crypto education and adoption.

17.11 / 00:07

Adoption Real Estate Bitcoin Deal NYC Real Estate to Record a Bitcoin-Exclusive Deal

Development and property management firm Magnum Real Estate Group is selling a set of retail condos in New York City for USD 29m exclusively in bitcoin (BTC), the latest sign that BTC is gaining wider adoption among various industries.

11.11 / 20:55

UPS Citi Renters Who Abandoned Their City Apartments During Covid Are Coming Home To a Crazy Leasing Market

Like many urbanites, Omer and Mor Granit left their New York City home during the pandemic, giving up the lease on their Brooklyn apartment. In December 2020, they moved to a rental cabin in Evergreen, Colo., with their three daughters, Mr. Granit said, enjoying skiing and wildlife spotting. Still, eight months later, they were ready to come home.

11.11 / 20:10

Binance Digital BURST Bitcoin How Binance took the crypto market by storm, then caught the eye of governments

The world’s fastest-growing major financial exchange has no head office or formal address, lacks licenses in countries where it operates, and has a chief executive who until recently wouldn’t answer questions about his location.

10.11 / 17:13

Adoption Investments solana Standard NYDFS-licensed Standard Custody brings Solana staking to institutions

Standard Custody & Trust Company, a digital asset custodian based in New York, has expanded its crypto offerings to include Solana (SOL), giving institutional investors the ability to stake and custody the world’s sixth-largest cryptocurrency.

10.11 / 06:39

business Adoption New York State week New York coin launching this week with Mayor-elect Eric Adams’ blessing

The NYCCoin is set to launch on Nov. 11 with the community-led proposal endorsed by New York City’s Mayor-elect Eric Adams.

09.11 / 23:05

business Blockchain Technology defi network ‘In the next three to five years, the DeFi industry will grow massively,’ says 1inch Network co-founder Anton Bukov

It’s only been two years since its founding, but decentralized exchange (DEX) protocol 1inch Network has already surpassed $85.8 billion in cumulative trading volume. At a May 2019 hackathon in New York City, 1inch co-founders Anton Bukov and Sergej Kunz developed a prototype DEX aggregator that became the basis of the network. DEX aggregators are platforms that source liquidity from multiple DEXs, thereby providing better token swap rates with less slippage.

09.11 / 14:14

Citi Patrick Bitcoin NYC to Mine its Own Token, Following Backing From Mayor-Elect Adams

The New York City Mayor-elect’s backing towards a pro-crypto future has pushed forward the development of a token for the city after he engaged in friendly online banter with the Miami mayor over Bitcoin. Reportedly, Adams's ambition- NYCCoin, the token mining is expected to kick off on Wednesday.

09.11 / 12:49

cryptocurrency cryptocurrency news New York's mayor-elect promotes city-themed cryptocurrency

Eric Adams on Monday promoted a new cryptocurrency in the colors of his city to be launched Wednesday, following up on his promised commitment to digital currencies. The former police officer said on the campaign trail back in June that under his leadership, New York would be a transformed city within a year, including becoming a «center of bitcoins,» the main cryptocurrency.

09.11 / 02:33

Citi Gap Strategy Bitcoin New York Mayor-elect Eric Adams to make NYC the “center of crypto-innovation”

A recent survey had found that 96% of respondents in the U.S. failed the crypto literacy assessment. Therefore, due to the knowledge gap, cryptos might be ‘failing its mission of financial inclusion,’ as per the research.

08.11 / 14:44

Adoption education Bitcoin NYC Mayor-Elect Doubles Down on his Bitcoin Plans

Fresh from his election win, New York City’s mayor-elect Eric Adams is doubling down on his crypto-related plans, announcing plans to have the city’s schools teach students about the technology that underpins bitcoin (BTC) and other cryptocurrencies.

08.11 / 12:47

UPS Citi Digital Bitcoin Kids Should Be Taught About Cryptocurrency: NYC Mayor-elect Adams

New York City Mayor-elect Eric Adams, a major proponent of cryptocurrency in the US, made another statement in support of digital currencies, saying that schools should teach about the technology.

08.11 / 08:23

stock market New York Mayor-elect Eric Adams envisions crypto paychecks for all

Eric Adams said he wants to explore ways that might allow New Yorkers to be paid directly in Bitcoin and other cryptocurrencies, as he seeks to turn the city into a hub for innovation. Speaking to reporters in Puerto Rico, where he is attending the Somos Puerto Rico Conference, an annual convention that attracts Albany lawmakers, Adams reiterated a pledge he made this week to receive his first three paychecks in Bitcoin.

08.11 / 07:35

Citi Adoption Digital Schools Incoming NY mayor wants crypto taught in schools

New York Mayor-Elect Eric Adams appears to be doubling down on his pro-crypto stance, asserting that that schools should incorporate cryptocurrency studies into their curricula.

05.11 / 13:53

Adoption Bitcoin Bitcoin Turns Into a Political Tool as US Mayors Compete For BTC Salaries

Another US politician deciding to accept some of their salary in crypto shows how bitcoin (BTC) is increasingly becoming a political instrument for decision-makers who wish to appeal to more tech-savvy and crypto-friendly voters.

05.11 / 12:47

Citi Bitcoin New York Mayor-Elect Bats For Cryptocurrency, Seeks First 3 Paychecks In Bitcoin

New York's mayor-elect Eric Adams has sought his first three paychecks in bitcoin

05.11 / 12:06

Citi Landmark Bitcoin NYC Mayor-Elect Adams Says He Will Take First 3 Paychecks in Bitcoin

New York City Mayor-elect Eric Adams, a cryptocurrency proponent, made a landmark statement on his <a rel=«noopener» href=«https://twitter.com/ericadamsfornyc/status/1456311827550384129?ref_src=» https: blockchain.news target="_blank">Twitter, saying that he will take his first three paychecks in Bitcoin when he takes over City Hall in January.

05.11 / 06:55

cryptocurrency World Bitcoin New York Mayor-elect Eric Adams to take his first three paychecks in bitcoin

New York Mayor-elect Eric Adams said on November 4 that he would take his first three paychecks in bitcoin and that the city would become the "center of the cryptocurrency industry."

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